Credit Rationing and Effective Supply Failures
Datos Bibliográficos
| ID | 9710220 |
|---|---|
| Autores | Alan S Blinder (National Bureau of Economic Research, autor de correspondencia) |
| Año | 1987 |
| Volumen | 97 |
| Número | 386 |
| Páginas | 327 |
| Fecha de publicación | 1987-06-01 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2232882 |
| OpenAlex | W1541710109 |
| Idioma | EN |
| Citas recibidas | 15 |
| Referencias citadas | 1 |
This paper presents two macro models in which central bank policy has real effects on the supply. side of the economy due to credit rationing. In each model, there are two possible regimes, depending on whether credit is or is not rationed. Starting from an unrationed equilibrium, either a large enough contraction of bank reserves or a large enough rise in aggregate demand can lead to rationing. Monetary (fiscal) policy is shown to be more (less) powerful when there is rationing than when there is not
Actuarial science · Business · Credit rationing · Economic growth · Economics · Interest rate · Operations management · Rationing · Banking stability, regulation, efficiency · Economic Theory and Policy · Finance
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| Obras citantes distintas | 15 |
|---|---|
| Citas por año | 0,39 |
| Intervalo de citas | 1988 - 2022 (35) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 14 |